Money: What is money? Barter, kinds of money, functions of money, Evolution of Money, Paper money, supply of money, demand for money, Instruments of money. Globalisation of Capital markets and money markets.
Value of Money: Quantity theory of Money.Factors causing change in prices, effects of change in prices, measurement of change in value of money, Inflation.Deflation
Banks: Functions of commercial banks. Credit Creation. Interest free banki. Central Bank,Monetary policy.
Public Finance: What is Public Finance? Private & Public Finance. Sources of Revenue of a Government. Heads of Government expenditure. Principles of Taxation. Direct & Indirect Tax. Proportional & Progressive Tax.